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Who Is Competing For Your Aging Client’s Attention and Dollars?

Competition for clients has always been there, but as investors age, something you might not have anticipated can happen. The vultures are out there.  Competition with you for their invested assets can become an increased threat when an older client’s judgment is compromised. With impaired judgment, they might fall for the “free meal” seminar, a…
Carolyn Rosenblatt
March 21, 2015
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Would You Immediately Recognize These Elder Abuse Hidden Scams?

Most days at I get a call from an adult child of an elder, asking me about shady dealings over a parent’s finances. Sometimes it’s the niece, grandson, or other family member the caller is worried about. Sometimes it’s the caller’s sibling whose actions are in question. And all the…
Carolyn Rosenblatt
October 3, 2014
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The Worst Excuse For Not Protecting A Vulnerable Parent

 This one shocked me.   Here at AgingParents.com we've been hearing elder abuse tales for a long time, but I was stunned when I heard this. A family of 3 siblings has been worried  about their widowed father, who lives alone in the country. He is very comfortable, but not extremely…
Carolyn Rosenblatt
June 26, 2014
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3 Brothers Battle Over Mom's Care and How to Pay for It: Is There A Solution?

This is a real situation, all too common. Three brothers are engaged in pitched battle over their mother's care and how to pay for it.  Mom is severely demented and can't care for herself independently. She had long term care insurance, but she has almost exhausted that benefit.  Her only…
Mikol Davis
April 15, 2014
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Tax Scams and Your Aging Parents: Phone Scams Escalate During Tax Time

A new and fast moving telephone scam is targeting taxpayers across the country.  The Fraud Watch Network sent out a press release detailing how thousands of victims have already lost more than $1million.  Please caution your aging parents and others as well. Older adults are more likely to be victims of…
Mikol Davis
April 1, 2014
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Smart Ways To Talk To Aging Parents About Finances

A recent survey by the National Endowment for Financial Education found that seven in 10 adults say they have difficulty talking to their families about who will make financial decisions on behalf of an aging family member who becomes unable to handle their money.   Part of the problem is…
Carolyn Rosenblatt
September 17, 2013